Access to content
Apartment Portland (United States)by cascade hasson sotheby's international realty
Apartment / penthouse purchase in Portland (United States) - House and garage surrounded by greenery
Backto the list : apartment for Sale at Portland

ApartmentPortland (United States)
Price :
$899,000
($2,225 / m²)
Surface404 m²land486 m²

Why this property will seduce you

  • Prime Location: Vibrant retail street with easy transit.
  • Rental Holdings: Six units in a desirable neighborhood.
  • Strong Returns: Investment opportunity with established history.
Excellent investment opportunity in the heart of Sellwood-Westmoreland. This 6-unit property is offered at $899,000, or approximately $150,000 per unit, with a documented 2025 NOI of $51,324 and a 5.71% cap rate at list price. The unit mix includes two 2-bedroom/1-bath units and four 1-bedroom/1-bath units, with professional property management currently in place. The building offers shared laundry, basement storage, newer plumbing, and a level lot in one of Southeast Portland's most desirable rental locations. Just blocks from the shops, restaurants and neighborhood amenities along SE 13th, with convenient access to transit, parks and the Springwater Corridor. Current rents provide additional upside as leases turn over, while the existing income offers investors an established operating history. A compelling opportunity to acquire a close-in Portland multifamily asset with six units, strong rental demand and long-term income potential.
Advertiser reference : EHE2MWLe Figaro Properties reference : 107992615

In detail

* : Information not provided by the advertiser

Apartment Portland (United States)

Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner Sotheby’s International Realty to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

Visit this apartment

Apartment / penthouse purchase in Portland (United States) - House and garage surrounded by greenery
House with light facade and red porch in this luxury apartment / penthouse for sale in Portland ($899,000 - 404 m²)
House with siding and shutters - Prestige apartment / penthouse for sale in Portland
Buy this luxury apartment / penthouse in Portland (United States)
Apartment - photo 5View the 12 photos

Ask for more information to:

James McCartan

cascade hasson sotheby's international realty
1500 NE Irving Street #11097232 (États-unis) All the listings of this agency

Contact an advisor

Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner Sotheby’s International Realty to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

Photograph this QR Code with your phone to visit the listing

QR Code